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WSLG113 – Gift Tax and 501(c)(4)s: Will Anyone Rush in Where the IRS Fears to Tread? – 7/3/2012

WSLG113 – Gift Tax and 501(c)(4)s: Will Anyone Rush in Where the IRS Fears to Tread? – 7/3/2012 published on No Comments on WSLG113 – Gift Tax and 501(c)(4)s: Will Anyone Rush in Where the IRS Fears to Tread? – 7/3/2012

Author: John R. Luckey; Erika K. Lunder

Pages: 2

It may be that it is a gift to be simple and a gift to be free, but it is not necessarily so simple to make a free gift to a 501(c)(4) group. Recent media reports of large donations to some 501(c)(4)s have led to questions about whether these donations are subject to the federal gift tax.

 

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